YHB Investment Advisors Inc. Acquires New Position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM)

YHB Investment Advisors Inc. purchased a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,950 shares of the company’s stock, valued at approximately $361,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Integrity Wealth Solutions LLC raised its holdings in SPDR Gold MiniShares Trust by 2.6% in the fourth quarter. Integrity Wealth Solutions LLC now owns 99,336 shares of the company’s stock worth $5,164,000 after purchasing an additional 2,498 shares in the last quarter. Foundations Investment Advisors LLC lifted its stake in SPDR Gold MiniShares Trust by 15.6% during the 4th quarter. Foundations Investment Advisors LLC now owns 44,319 shares of the company’s stock valued at $2,304,000 after acquiring an additional 5,987 shares during the period. United Asset Strategies Inc. purchased a new stake in SPDR Gold MiniShares Trust in the fourth quarter valued at $251,000. Archford Capital Strategies LLC grew its holdings in SPDR Gold MiniShares Trust by 3.7% during the fourth quarter. Archford Capital Strategies LLC now owns 117,927 shares of the company’s stock worth $6,131,000 after acquiring an additional 4,244 shares during the period. Finally, Merkkuri Wealth Advisors LLC increased its holdings in shares of SPDR Gold MiniShares Trust by 18.6% during the 4th quarter. Merkkuri Wealth Advisors LLC now owns 19,007 shares of the company’s stock valued at $988,000 after purchasing an additional 2,975 shares in the last quarter.

SPDR Gold MiniShares Trust Trading Up 0.8 %

Shares of SPDR Gold MiniShares Trust stock opened at $54.77 on Wednesday. SPDR Gold MiniShares Trust has a fifty-two week low of $39.35 and a fifty-two week high of $55.29. The firm has a 50-day simple moving average of $52.77 and a two-hundred day simple moving average of $51.52.

SPDR Gold MiniShares Trust Profile

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.